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MAKITA

Active
Public limited companyfounded 1977active for 49 yearsJan-Baptist Vinkstraat 2, 3070 Kortenberg, BelgiumKBO/BCE: BE 0416.848.590
Summary

MAKITA has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €50.2m and a net result of €4.7m. Equity has been growing by about 5.9% per year since 2019. Its solvency ranks better than 77% of 386 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-02-1977 Normal situation
Activity
Wholesale of machine tools NACE 46620and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2026
Establishment units
2.013.389.309 3070 Kortenberg, since 22-02-1977
2.302.708.932 2850 Boom, since 01-06-2020
Financial year end
31 March
Peppol
Reachable since 26-09-2025

Board and ownership

Board
Auditor
Groupe Audit Belgium
Shareholders
  • Makita Corporationannual accounts 31-03-2026
  • 株式会社マキタLEI register

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Turnover
€106.6m
▲ 9.3%
Profit
€4.7m
▲ 30.8%
Equity
€50.2m
▲ 10.4%
Total assets
€69.9m
▲ 5.2%
Employees on 31-03-2026
94
▲ 3.3%
Filed on 18-09-2026, 43 days before the deadline
Score breakdownlowers riskFounded in 1977Size: turnover €106.6m, 90.2 FTE, total assets €69.9mEquity €50.2m (71.8% of total assets)Liquidity: current ratio 3.31, cash €6.7mShow the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of medium-sized companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Strong
Solvency 97+4
equity 71.8% of total assets
Liquidity 51-8
short-term debt 27.5% · cash 9.6%
Profitability 57+4
return on assets 6.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (748 companies, NACE 46, medium-sized)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €4,800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.31 (2.9 in 2025), above the usual 1.5. Short-term debt is 27.5% and cash 9.6% of total assets. 28.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized). It does better than 83% of them on solvency, 76% on liquidity, 41% on profitability and 72% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1977
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €106.6m, 90.2 FTE, total assets €69.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €50.2m (71.8% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.31, cash €6.7m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 18-09-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
43 days early
2025
36 days early
2024
51 days early
2023
47 days early
2022
33 days early
2021
34 days early
2020
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 18 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Kortenberg, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €4.7m 8 years View
  • Board changedlatest change 04-11-2025 · 3 in office 1 joined · 1 left View
  • Positive: Result rose in 2026from €3.6m to €4.7m ▲ 30.8% View

Comparable companies

These companies have the same main activity as MAKITA: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €38m and €85m, founded between 1968 and 1986.

CompanyTotal assetsTurnover
MAKITA Kortenberg€69.9m€106.6m
YAMAZAKI MAZAK EUROPE Leuven€84.6m€89.1m
Vic. Van Rompuy Lier€55.4m€79.8m
KRONES Ottignies-Louvain-la-Neuve€39.1m€77.3m
KION Intralogistic Solutions Benelux Wijnegem€38.2m€75.8m
ANDREAS STIHL Puurs-Sint-Amands€43.8m€183.7m
SEW-EURODRIVE Leuven€45.2m€46.4m
Full comparison

Key facts about MAKITA

What is the company number of MAKITA?
The company number of MAKITA is 0416.848.590. The VAT number is the same number with BE in front: BE 0416.848.590.
Where is MAKITA based?
The registered office is at Jan-Baptist Vinkstraat 2, 3070 Kortenberg.Company details
What does MAKITA do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of MAKITA?
The legal form of MAKITA is Public limited company (NV).
When was MAKITA founded?
MAKITA was founded on 22-02-1977.
Is MAKITA still active?
Yes, MAKITA is an active enterprise in the KBO register.
How many employees does MAKITA have?
MAKITA had an average of 90.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does MAKITA fall under?
In its 31-03-2026 annual accounts, MAKITA states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of MAKITA?
The turnover of MAKITA was €106.6m in financial year 2026, according to the filed annual accounts.
Is MAKITA profitable?
In financial year 2026, MAKITA made a profit of €4.7m.
Where can I find the annual accounts of MAKITA?
MAKITA filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of MAKITA due?
MAKITA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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